LevelTen Energy says in a new report that US solar power purchase agreement (PPA) prices rose 3.3% in the fourth quarter, possibly due to policy uncertainty.
The Chinese battery energy storage system (BESS) integrator debuted on the stock exchange with a market capitalization of RMB 11.339 billion ($1.56 billion).
Heat pump manufacturer Paloma Rheem says it plans to acquire Fujitsu General. The transaction, which is set to conclude by July 2025, could expand Paloma Rheem’s market reach and drive innovation in integrated air and water solutions.
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
Mercom Capital Group says inflation, high interest rates, trade disputes and policy ambiguity all contributed to a drop in corporate funding and merger and acquisition (M&A) activity in the solar sector last year.
German scientists have identified 18 typologies of power purchase agreements for the renewable energy market. Their research is intended to support policymakers, scientists and investors in implementing their own PPA analysis and choices.
Wood Mackenzie says that a 30% increase in upstream spending will be needed to meet stronger oil and gas demand under a delayed energy transition. The research firm warns that this scenario could strain supply chains, inflate costs, and push Brent crude prices above $100/barrel by the 2030s.
Urgent responsibility was the overriding theme of the 15th annual International Renewable Energy Agency (IRENA) assembly, which convened on Jan. 12 in Abu Dhabi.
Waaree Energies has signed a definitive agreement to acquire 100% of Enel Green Power India (EGP India).
The government of the Canadian province of Ontario is launching an energy rebate program later this month, offering up to 30% off the cost of residential rooftop solar panels, heat pumps, and battery storage for homes.
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